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The Competition and Markets Authority on Wednesday the fine totalling £50.5 million ($69.5 million, 60 million euros) was imposed for "consciously refusing to report all the required information" concerning the purchase last year.

Earlier this year, Meta became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees the exit door. The cuts brought the company's headcount down to where it stood as of about mid-2021, following a hiring spree that doubled its workforce since 2020.

Meta is expected to launch the new VR headset, possibly Project Cambria, during its Connect Event in October. Cambria, according to rumours, is said to be more expensive than the current Meta Quest VR headset, which is priced at $399.

Meta will fire 6,000 more employees starting next week, according to a fresh report. Mark Zuckerberg had already confirmed layoffs will happen in May this year.

Here are some thought-provoking statements that may be share on Facebook, WhatsApp, and other social networking sites.

Friendship Day in India falls on August 6, the first Sunday of August. Here are some wishes, messages, greetings and quotes to send to your best friends.

The Rashtriya Swayamsevak Sangh (RSS) on Friday changed the profile pictures of its Twitter and Facebook accounts to the national flag. It comes after RSS faced criticism from the opposition, especially from the Congress, for not putting the tricolour as the display pictures of its social media accounts.

Facebook users are in uproar over the social media platform allegedly deleting years' worth of photos. Some users are reporting that the images deleted are ones from their mobile uploads, or images that are not in an organised album.

In April 2023, a major Facebook advertising glitch caused businesses to overspend on their Facebook and Instagram promotions, prompting the platform to begin refunding advertisers' money.

One of the impacted Meta employees, Himanshu V., recently moved from India to Canada to join Meta but unfortunately, was laid off in the recent layoffs. Hedid not expect to get fired from Meta within days of joining and now has no idea about his next step. The ex-Meta employee is looking for his next job in Canada or India.